国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Macro

China's July PPI down 0.9%

(Xinhua) Updated: 2014-08-09 10:13

China's July PPI down 0.9%

BEIJING - China's producer price index (PPI), which measures inflation at wholesale level, dropped 0.9 percent year on year in July, the National Bureau of Statistics said on Saturday.

The PPI has now dropped for 29 months in a row, but the pace of decline has narrowed for four consecutive months, down from 1.1 percent in June, 1.4 percent in May, 2 percent in April and 2.3 percent in March.

The narrowing shows that market situations for industrial products slightly improved in recent months, said NBS senior statistician Yu Qiumei.

Factory prices of production materials declined 1.2 percent in July, contributing 0.92 percentage points to the PPI drop, while factory prices for consumer goods gained 0.3 percent, pushing up the PPI a little.

In the first seven months, the country's PPI dropped by 1.6 percent year on year, the data showed.

In the latter half, the PPI may reverse the declining trend due to a carryover effect and the country's pro-growth measures since the beginning of this year, said Guan Qingyou, senior analyst at Minsheng Securities' research institute.

Faced with great downward pressure, the government has adopted a raft of pro-growth measures, including stepping up construction of affordable housing, infrastructure building and encouraging private investment.

The data came along with the release of the consumer price inflation index, which stayed at 2.3 percent in July.

 

Hot Topics

Editor's Picks
...
...
六枝特区| 巴里| 朝阳市| 枣阳市| 高安市| 大安市| 昌黎县| 安西县| 洪江市| 盘山县| 鄯善县| 汤阴县| 灵寿县| 镇雄县| 金坛市| 青铜峡市| 许昌县| 磐安县| 仲巴县| 安徽省| 密云县| 平舆县| 东乡族自治县| 高雄县| 蓝山县| 沁水县| 泌阳县| 吴旗县| 兰西县| 儋州市| 西城区| 虹口区| 贵港市| 恭城| 浙江省| 喜德县| 延边| 凌海市| 虹口区| 余江县| 平武县|